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elexxion AG (XTER:E8X) Effective Interest Rate on Debt % : 2.94% (As of Dec. 2022)


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What is elexxion AG Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. elexxion AG's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was €0.12 Mil. elexxion AG's average total debt for the quarter that ended in Dec. 2022 was €4.08 Mil. Therefore, elexxion AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 2.94%.


elexxion AG Effective Interest Rate on Debt % Historical Data

The historical data trend for elexxion AG's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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elexxion AG Effective Interest Rate on Debt % Chart

elexxion AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.35 4.02 3.61 3.25 3.08

elexxion AG Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.51 3.29 3.25 3.24 2.94

Competitive Comparison of elexxion AG's Effective Interest Rate on Debt %

For the Medical Devices subindustry, elexxion AG's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


elexxion AG's Effective Interest Rate on Debt % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, elexxion AG's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where elexxion AG's Effective Interest Rate on Debt % falls into.



elexxion AG Effective Interest Rate on Debt % Calculation

elexxion AG's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -0.116/( (3.46+4.077)/ 2 )
=-1  *  -0.116/3.7685
=3.08 %

where

elexxion AG's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2022 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  -0.12/( (0+4.077)/ 1 )
=-1  *  -0.12/4.077
=2.94 %

where

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Dec. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


elexxion AG  (XTER:E8X) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


elexxion AG Effective Interest Rate on Debt % Related Terms

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elexxion AG (XTER:E8X) Business Description

Traded in Other Exchanges
Address
Otto-Hahn-Strasse 7, Singen, DEU, 78224
elexxion AG is involved in the development of dental equipment in Germany. The company develops laser technology and advanced dental lasers for dental practitioners. Its products include elexxion pico, elexxion nano, perio green, elexxion pico lite perio green, and others.

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